PhD
Finance
The Finance group at MIT Sloan delves into the study of markets for real and financial assets, emphasizing the practical applications of modern financial theory widely adopted by Wall Street and corporations. Students gain a robust understanding of foundational theories and acquire the tools necessary for conducting both theoretical and applied research. After completing coursework in microeconomics and macroeconomics, students tailor their research programs with faculty guidance, often contributing to and expanding on faculty research. Notable faculty members include Hui Chen, whose research intersects asset pricing and corporate finance; Deborah Lucas, known for her work on public sector financial management; and Maryam Farboodi, who explores the economics of big data and its impact on financial markets.
Research from Finance Faculty
MIT Students Explore Systemic Investing for Social Change
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At MIT Sloan, a group of MBA students launched the Systemic Investing for Social Change Working Group to bridge theory and practice in the emerging field of systemic investing — working directly with leading experts to develop new tools to enable systems change.
Corporate Scenario Planning in an Evolving World
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Hiram Samel, SF ’06, PhD ’13, recently discussed corporate scenario planning as it relates to his class during the MIT Sloan Alumni Online webinar in April.
Big Tech is crushing middle managers. Some fear the great flattening has...
Ideally, companies would remove layers and spread decision-making throughout the organization so that those closest to customers or technology, for example, could generate ideas and make decisions, professor Deborah Ancona said. "You're kind of flipping the organization," she said. "Rather than all the ideas coming from on high, you have entrepreneurial leaders who are lower down in the organization coming up with new ideas."
What to know about the GENIUS Act, a crypto regulation bill
"This opens the floodgates," research scientist Christian Catalini said. "You'll see entry by many issuers. Consumers will all have more choices. This will bring more competition and innovation in payments."
Select Finance Faculty
Full-Time Faculty

Paul Asquith
Gordon Y Billard Professor of Finance
Paul Asquith is the Gordon Y Billard Professor of Finance and a Professor of Finance at the MIT Sloan School of Management.Asquith is a specialist in corporate finance and a media source for the field of corporate finance and control, including…
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Hui Chen
Nomura Professor of Finance
Hui Chen is the Nomura Professor of Finance and a Professor of Finance at the MIT Sloan School of Management.His research focuses on asset pricing and its connections with corporate finance. Chen is particularly interested in the interactions…
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John C. Cox
Nomura Professor of Finance, Emeritus
John Cox is the Nomura Professor of Finance, Emeritus at the MIT Sloan School of Management.A leading authority on corporate finance and finance theory, Cox has developed an inter-temporal financial model broad enough to include the fundamental…
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